Anti-Financial Crime Elements
Everything you need to establish a strong foundation.
- 6 Modules, 70 minutes, complete the course at your own pace. Stop and restart as many time as you want
- Comprehensive coverage using case studies and analogies
- Will help you connect the dots between crime, financial crime, anti-financial crime and articulate the 'why'
About the Program
The AFC Elements program is a comprehensive program on anti-money laundering, counter-terrorism financing and sanctions compliance with a specific focus on due diligence, enhanced due diligence and ongoing due diligence. The program will help you understand and implement the risk-based approach which is critical for you to be successful and for you to contribute to achieving effectiveness in the fight against financial crime.
Who is this Program meant for?
It takes decades of experience and expertise to understand something well enough to make it simple for everyone else. We have used our collective 5 decades of experience to create this 70 minute self paced learning module which is presented by one of the best story tellers and experts in anti-financial crime, Ray Blake.
Irrespective of whether you are an intern, have years of AFC experience, are a CXO or a board member, this program will help you do better in your role.
What will the program cover?
Explore the curriculum below.
1.Understanding financial crime
2.Why commit a crime?
3.Impact of financial crime on society
4.Human trafficking and modern slavery
5.Pig butchering scams
6.Common scams
1.Understanding financial crime and money laundering
2.Introduction to financial crime
3.Why is it called ‘financial’ crime?
4.The need to launder money
5. Examples of types of financial crimes
6.The Scale of money laundering
7.Importance of fighting financial crime
1.Understanding tradecraft
2.Explore common tradecraft
3.Case Study: Tradecraft techniques in action
1.Implementing anti-money laundering (AML) controls
2.Who is responsible for fighting financial crime
3.Anti-financial crime controls
4.Stages of client lifecycle and controls (account opening, transacting, ongoing relationship)
5.Understanding the risk-based approach in our daily life
6.Risk-based approach to fighting financial crime
7.Understanding risk Vs. reward
1.Financial crime and terrorism
2.Understanding terrorism financing
3.Methods of raising and moving funds for terrorism
4.Difference between money laundering and terrorist financing
5.Understanding proliferation financing
6.Importance of sanctions
7.Sanctions tradecraft
8.Case Study: Implementing sanctions controls
1.Conducting due diligence
2.Importance of due diligence
3.Steps of due diligence (collecting information, assessing risk, ongoing monitoring)
4.Source of Funds vs. Source of Wealth
5.Client outreach best practices
6.Risk assessment
7.Ongoing due diligence
8.Identifying and reporting suspicious activities
9.Understanding politically exposed persons (PEPs)
10.Case Study: Due diligence in action
1.Understanding financial crime
2.Why commit a crime?
3.Impact of financial crime on society
4.Human trafficking and modern slavery
5.Pig butchering scams
6.Common scams
1.Understanding financial crime and money laundering
2.Introduction to financial crime
3.Why is it called ‘financial’ crime?
4.The need to launder money
5. Examples of types of financial crimes
6.The Scale of money laundering
7.Importance of fighting financial crime
1.Understanding tradecraft
2.Explore common tradecraft
3.Case Study: Tradecraft techniques in action
1.Implementing anti-money laundering (AML) controls
2.Who is responsible for fighting financial crime
3.Anti-financial crime controls
4.Stages of client lifecycle and controls (account opening, transacting, ongoing relationship)
5.Understanding the risk-based approach in our daily life
6.Risk-based approach to fighting financial crime
7.Understanding risk Vs. reward
1.Financial crime and terrorism
2.Understanding terrorism financing
3.Methods of raising and moving funds for terrorism
4.Difference between money laundering and terrorist financing
5.Understanding proliferation financing
6.Importance of sanctions
7.Sanctions tradecraft
8.Case Study: Implementing sanctions controls
1.Conducting due diligence
2.Importance of due diligence
3.Steps of due diligence (collecting information, assessing risk, ongoing monitoring)
4.Source of Funds vs. Source of Wealth
5.Client outreach best practices
6.Risk assessment
7.Ongoing due diligence
8.Identifying and reporting suspicious activities
9.Understanding politically exposed persons (PEPs)
10.Case Study: Due diligence in action
I have completed AFC Elements, what next?
Sign up for the AFC Bootcamp, a live masterclass led by Ray Blake. When we launch you can also apply to participate in the Certified Due Diligence Professional (CDDP) Program or pursue one of our specialist programs?
